Uniform vs. discriminatory auctions with variable supply – experimental evidence [Dataset] (doi:10.11588/data/10013)

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Part 1: Document Description
Part 2: Study Description
Part 3: Data Files Description
Part 4: Variable Description
Part 5: Other Study-Related Materials
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Document Description

Citation

Title:

Uniform vs. discriminatory auctions with variable supply – experimental evidence [Dataset]

Identification Number:

doi:10.11588/data/10013

Distributor:

heiDATA

Date of Distribution:

2014-07-29

Version:

Bibliographic Citation:

Becker, Johannes G.; Damianov, Damian S.; Oechssler, Jörg, 2014, "Uniform vs. discriminatory auctions with variable supply – experimental evidence [Dataset]", https://doi.org/10.11588/data/10013, heiDATA, V1, UNF:5:JkjthKWUQF+SGftTh1TTyg== [fileUNF]

Study Description

Citation

Title:

Uniform vs. discriminatory auctions with variable supply – experimental evidence [Dataset]

Identification Number:

doi:10.11588/data/10013

Authoring Entity:

Becker, Johannes G.

Damianov, Damian S.

Oechssler, Jörg (Alfred-Weber-Institute of Economics)

Producer:

Becker, Johannes G.

Damianov, Damian S.

Oechssler, Jörg

Distributor:

heiDATA

Distributor:

HeiDATA: Heidelberg Research Data Repository

Access Authority:

Oechssler, Jörg

Date of Deposit:

2014-07-29

Holdings Information:

https://doi.org/10.11588/data/10013

Study Scope

Keywords:

Social Sciences, Auctions, Experiment, Discriminatory, Uniform

Topic Classification:

D44, C92

Abstract:

In the variable supply auction considered here, the seller decides how many customers with unit demand to serve after observing their bids. Bidders are uncertain about the seller's cost. We experimentally investigate whether a uniform or a discriminatory price auction is better for the seller in this setting. Exactly as predicted by theory, it turns out that the uniform price auction produces substantially higher bids, and consequently yields higher revenues and profits for the seller. Furthermore, again as predicted by theory, the uniform price auction yields a higher number of transactions, which makes it also the more efficient auction format.

Country:

Germany

Geographic Coverage:

Germany

Universe:

Students

Methodology and Processing

Sources Statement

Data Access

Other Study Description Materials

Related Publications

Citation

Title:

Becker, Johannes G.; Damianov, Damian S.; Oechssler, Jörg, "Uniform vs. Discriminatory Auctions with Variable Supply? Experimental Evidence", Games and Economic Behavior, 68 (2010), 60-76.

Identification Number:

10.1016/j.geb.2009.06.008

Bibliographic Citation:

Becker, Johannes G.; Damianov, Damian S.; Oechssler, Jörg, "Uniform vs. Discriminatory Auctions with Variable Supply? Experimental Evidence", Games and Economic Behavior, 68 (2010), 60-76.

File Description--f201

File: multi unit master.tab

Number of cases: 1453
No. of variables per record: 40
Type of File: text/tab-separated-values

Notes:

UNF:5:JkjthKWUQF+SGftTh1TTyg==

Variable Description

List of Variables:

treat - treatment
session
matchgroup
Period
Subject
Group
Profit
TotalProfit
Valuation
MaxBid
InitialEndowment
CostsPerUnit
Bid
TimeOKBiddingStageOK
OtherBid
IAmLower
LowerBid
HigherBid
GotItem
MyPrice
Endowment
ItemsSoldInGroup
ProfitOfCoBidder
session_time
TimeOKProfitDisplayStageOK
Bid_mean
SellerProfit
below133
ebay
SellerRev
filter_$ - Period >= 11 AND treat='u' (FILTER)
bidcat
diff_bid
GotItem_1
LostOp
Overpaid
TreatNumber
exactly100
exactly100_mean
subjectsession

Variables

treatment

f201 Location:

Value	Label	Frequency	Text
u.	uniform	720
d.	discriminatory	720

Variable Format: character

Notes: UNF:5:BKpjYYp9Nl2CjUnyhaz6kQ==

session

f201 Location:

Variable Format: character

Notes: UNF:5:zU+uQc5SXiOcvk1BL0mMAg==

matchgroup

f201 Location:

Variable Format: numeric

Notes: UNF:5:cX6wdRIeUpd0WgYPU3hNMg==

Period

f201 Location:

Variable Format: numeric

Notes: UNF:5:8MRb24+4L54O4PlR/AzUqw==

Subject

f201 Location:

Variable Format: numeric

Notes: UNF:5:Eju7uFC0YXPOwshO8g0y1g==

Group

f201 Location:

Variable Format: numeric

Notes: UNF:5:7mkEQVH4iMFCiKtgWsNlnA==

Profit

f201 Location:

Variable Format: numeric

Notes: UNF:5:Nln+VuvrDqYk9q+PSefrTw==

TotalProfit

f201 Location:

Variable Format: numeric

Notes: UNF:5:nPl3+QbHgMV9cK49oo1XbA==

Valuation

f201 Location:

Variable Format: numeric

Notes: UNF:5:eILLJvNOnDhacrHfihrQHA==

MaxBid

f201 Location:

Variable Format: numeric

Notes: UNF:5:1ykbBi4BnTtQHGGvC32gcw==

InitialEndowment

f201 Location:

Variable Format: numeric

Notes: UNF:5:48GgJVQ3jUi4dK/KLEsKKg==

CostsPerUnit

f201 Location:

Variable Format: numeric

Notes: UNF:5:eWkDPxHejrkFw7oeLtyAtw==

Bid

f201 Location:

Variable Format: numeric

Notes: UNF:5:nA3Aa3J7d6DCoNfj7NMNDg==

TimeOKBiddingStageOK

f201 Location:

Variable Format: numeric

Notes: UNF:5:Kp4lEO63RijDs0GeW2vBeg==

OtherBid

f201 Location:

Variable Format: numeric

Notes: UNF:5:Z+FgShOooI+N7HH9iUu97A==

IAmLower

f201 Location:

Variable Format: numeric

Notes: UNF:5:75OgW3Jpk/TbHflMRyRXig==

LowerBid

f201 Location:

Variable Format: numeric

Notes: UNF:5:9VTD7BvM/Rz+MKTT/Q5V4A==

HigherBid

f201 Location:

Variable Format: numeric

Notes: UNF:5:Hf+eTeG0G9DuCwqhvV0jyg==

GotItem

f201 Location:

Variable Format: numeric

Notes: UNF:5:uyTp4FvJ2L8Ieu6WbpwqdQ==

MyPrice

f201 Location:

Variable Format: numeric

Notes: UNF:5:5y41il6Te785E/whI4Xa6Q==

Endowment

f201 Location:

Variable Format: numeric

Notes: UNF:5:op2FFlP/2qeGuwx4xfgsZA==

ItemsSoldInGroup

f201 Location:

Variable Format: numeric

Notes: UNF:5:31VLWd2S0HAmWbNEfzEbMA==

ProfitOfCoBidder

f201 Location:

Variable Format: numeric

Notes: UNF:5:BTuwDcDvay7nvkenMp5WPw==

session_time

f201 Location:

Variable Format: character

Notes: UNF:5:mjFnOWUrx6cmARIIacs4Iw==

TimeOKProfitDisplayStageOK

f201 Location:

Variable Format: numeric

Notes: UNF:5:7+uEHqlNBoBKo8YNV7l29A==

Bid_mean

f201 Location:

Variable Format: numeric

Notes: UNF:5:ZY8lz+UyvEBe+xkEvEiDOQ==

SellerProfit

f201 Location:

Variable Format: numeric

Notes: UNF:5:DIkVXZXfZY86SiHGGlyM1A==

below133

f201 Location:

Variable Format: numeric

Notes: UNF:5:mXt5ZfzXu1Wf7JjrRLsY7Q==

ebay

f201 Location:

Variable Format: numeric

Notes: UNF:5:7S/lCuQqGDckrqPGb1ozHg==

SellerRev

f201 Location:

Variable Format: numeric

Notes: UNF:5:6ZTA1OXAoKPmslxpRgGJEg==

Period >= 11 AND treat='u' (FILTER)

f201 Location:

Value	Label	Frequency	Text
1.	Selected	360
0.	Not Selected	1093

Variable Format: numeric

Notes: UNF:5:vR13Pgihhjbj4qa/NVXUZA==

bidcat

f201 Location:

Variable Format: numeric

Notes: UNF:5:yPeIUb3mQ+SDis63x2Ix5g==

diff_bid

f201 Location:

Variable Format: numeric

Notes: UNF:5:miduj3ODQUwGih6tfJUH/w==

GotItem_1

f201 Location:

Variable Format: numeric

Notes: UNF:5:uenDu76q/IVRwBg0LqjGUA==

LostOp

f201 Location:

Variable Format: numeric

Notes: UNF:5:kjJ1bFfieESK71PFuh4AQQ==

Overpaid

f201 Location:

Variable Format: numeric

Notes: UNF:5:ubKqOzWZjq8bZh+9B5LfVg==

TreatNumber

f201 Location:

Variable Format: numeric

Notes: UNF:5:b+XI3DTI2v7ld9zszEHkQA==

exactly100

f201 Location:

Variable Format: numeric

Notes: UNF:5:Ky/MBka8JnmxvEtTQ2q8YA==

exactly100_mean

f201 Location:

Variable Format: numeric

Notes: UNF:5:A9kfwOXTOMrc/bIbiR78/Q==

subjectsession

f201 Location:

Variable Format: numeric

Notes: UNF:5:0Q9bvACxmzDEXNE4yvnHQg==

Other Study-Related Materials

Label:

LZA.tar.gz

Text:

This file is only for internal use.

Notes:

application/x-gzip

Other Study-Related Materials

Label:

multi unit master.xlsx

Text:

OpenXML - Spreadsheet

Notes:

application/octet-stream